522 H Street SWTumwaterWA98512
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tumwater at 522 H Street SW, Tumwater, WA, 98512 priced at $409,900 converts $1,809/mo rent into after a $2,006/mo obligation. Total monthly income equals $1,809/mo. Return on cash invested prints 14.13% in year one, and rental yield reads 5.3% against a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation compiles into $113,248 by year five. Five-year ROI reaches 71.62% and total cumulative return in cash sums $97,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,809/mo property income covering a $2,006/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98512, Olympia, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,604 (100%) |
| Owner Occupied HU | 9,222 (67.8%) |
| Renter Occupied HU | 3,991 (29.3%) |
| Vacant Housing Units | 391 ( 2.9%) |
| Median Home Value | $566,641 |
| Average Home Value | $597,686 |
Housing Distribution
Address Breakdown
Residential
12,888
Single Family
11,031
Multi-Family
1,857
Businesses
506
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Listed by: Michael Barber • NextHome Northwest Group
Mls Name: NWMLS
Mls ID: #2465094